Question: You bought a house for $ 5 4 0 , 0 0 0 with a 2 2 year bank loan that has semiannual payments at

You bought a house for $540,000 with a 22 year bank loan that has semiannual payments at an interest rate of 3%(APR). Immediately after year 8(14 years left on the loan), you will resell the house for $648,000 and completely pay off the rest of the loan. How much do you have to pay the bank to completely pay off the loan?
$363,755.43
$383,027.11
$382,751.55
$459,632.54
 You bought a house for $540,000 with a 22 year bank

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